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AAGM: IMF And Nigeria: From Secrecy to Transparency?
(From This Day (Nigeria): AAGM)
Byline: Ayo Teriba
In its editorial of 30th July 2001, Financial Times (FT) warned both the International Monetary Fund (IMF) and the executive arm of the Government of Nigeria (GON) against 'perpetuating a facade of reform'. According to the FT editorial, in the last one year, 'the government of President Olusegun Obasanjo has pretended to reform its economy, and the IMF has pretended to monitor the process. For the sake of Nigeria, and for the credibility of the IMF and the World Bank, it is time to call a halt to this policy of pretence.'
Discussions between the IMF and the executive arm of the GON have always ...
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